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Asia-Europe rate rises 4pc to US$695/TEU, drops 6.9pc to Med ports

SPOT rates for shipping containers from Asia to Northern Europe increased four per cent to US$695 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 

The Asia-Mediterranean component of the SCFI dropped 6.9 per cent to US$553 per TEU, IHS Media reported.
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